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COUNTY OF HAWAII
<br />Proprietary Funds
<br />Statement of Net Position
<br />June 30, 2015
<br />Business -type Activities -
<br />Enterprise Funds
<br />Kulaimano Ouli Ekahi
<br />Elderly Affordable
<br />Housing Housing
<br />Project Project
<br />Total
<br />Assets
<br />Current assets:
<br />Cash and cash equivalents (note 3) 301,497 $ 312,724 $ 614,221
<br />Restricted cash and cash equivalents (note 3) 12,042 28,626 40,668
<br />Investments (note 3) 200,018 200,018
<br />Imprest fund (note 3) 50 100 150
<br />Receivables, net (note 4) 174 3,762 3,936
<br />Prepaid expenses 1,534 1,534
<br />Total current assets 515,315 345,212 860,527
<br />Noncurrent assets:
<br />Restricted cash and cash equivalents (note 3) 49,521 49,521
<br />Investments (note 3) 200,242 200,242
<br />Capital assets (note 6):
<br />Land and site improvements 511,000 515,727 1,026,727
<br />Buildings and equipment 1,242,522 481,079 1,723,601
<br />Less accumulated depreciation (1,168,371) (41,748) (1,210,119)
<br />Total capital assets 585,151 955,058 1,540,209
<br />Total noncurrent assets
<br />Total assets
<br />785,393 1,004,579 1,789,972
<br />1,300,708 1,349,791 2,650,499
<br />Liabilities
<br />Current liabilities:
<br />Accounts payable 13,606 1,558 15,164
<br />Internal Balances (note 5) 1,350 1,350
<br />Security deposits payable from restricted assets 12,042 27,200 39,242
<br />Deferred revenue (note 7) 855 266 1,121
<br />Interest payable 13,197 13,197
<br />Notes payable, current portion (note 10) 53,043 32,314 85,357
<br />Total current liabilities 94,093 61,338 155,431
<br />Noncurrent liabilities:
<br />Notes payable (note 10) 707,808 318,229 1,026,037
<br />Total liabilities 801,901 379,567 1,181,468
<br />Net Position
<br />Net investment in capital assets (175,700) 604,515 428,815
<br />Unrestricted 674,507 365,709 1,040,216
<br />Total net position
<br />See accompanying notes to the basic financial
<br />statements.
<br />498,807 $
<br />970,224 $ 1,469,031
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